Fg Warns Iocs: Fast-track Field Development Or Step Aside

1 Months(s) Ago   👁 107
fg warns iocs fasttrack field development or step aside

The Federal Government has issued a strong warning to international oil companies IOCs and other operators in the petroleum industry, insisting that only those ready to fast-track field development and sanction real projects will retain their place in Nigerias energy landscape.

According to the FG, accelerating real activity-not dormant licences-remains critical to boosting crude oil output, strengthening the economy and keeping Nigeria competitive in the global hydrocarbons market.

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